For Etica Funds, the Impact Report represents a fundamental tool to transparentlyreport the impact of its investments in reference to the Sustainable Development Goals of the United Nations. By measuring and reporting these impacts transparently, we are able to give tangible shape to our vision, allowing us to pursue our mission and confirm our identity.
The impact generated by investments in the mutual funds managed by Etica Funds is based on two strategic levers: the selection of securities based on ESG criteria, implemented through the proprietary ESG methodology EticApproach®, and continuous stewardship. Thanks to our selection activity, for 25 years our funds have exclusively invested in businesses and countries characterised by their commitment to environmental, social and governance issues. This selection process is further supported by stewardship with the corporate bodies of the companies in the portfolio, including activities such as consistent dialogue and the exercise of voting rights, aimed at promoting increasingly responsible practices.
The Impact report 2025: the main results
The impact assessment explores a number of specific long-term strategic environmental and social areas of impact, using the 17 Sustainable Development Goals (SDGs) as a reference for the selected1 impact indicators. This report focuses on the following Sustainable Development Goals:

The impact data refer to the reference market (MSCI World ESG Universal Net Total Return as of 31/12/2024). For more information on the methodology, please refer to page 16 of the report.
The thematic areas of impact covered in this report, corresponding to major environmental and social challenges for the planet and aligned with the United Nations Sustainable Development Goals (SDGs), are:
Discover the Impact of Etica Funds’ Sub-Funds
Please read the Notice.